Becker's Healthcare May 7, 2024
Steve Aleman, CFO of Ontario, Calif.-based Prime Healthcare knows a thing or two about healthcare real estate acquisition.
The health system has 44 hospitals with more than 300 outpatient locations across 14 states and most recently purchased four facilities from Medical Properties Trust for $350 million.
It is all part of a plan to acquire the real estate for all of Prime Healthcare’s operations and to decrease the debt levels associated with the facilities.
Mr. Aleman connected with Becker’s to learn more about the drive behind the health system’s financial plan and why he believes healthcare real estate is a good investment.
Question: Prime Healthcare recently completed a $350 million purchase of Medical Properties Trust facilities. What was...
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